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Exam (elaborations)

The CE Shop - Massachusetts Real Estate License State Content Practice Exam ACCURATE 100%

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  • Course
  • Massachusetts Real Estate
  • Institution
  • Massachusetts Real Estate

When done for others and for compensation, which of the following may be done by someone who does NOT hold a real estate license in Massachusetts? - ANSWER Researching school districts and crime statistics for various neighborhoods. Negotiating, selling, or offering to sell real estate all requ...

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  • October 20, 2024
  • 24
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Massachusetts Real Estate
  • Massachusetts Real Estate
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shantelleG
The CE Shop - Massachusetts Real Estate
License State Content Practice Exam
ACCURATE 100%
When done for others and for compensation, which of the following may be done by someone who does
NOT hold a real estate license in Massachusetts? - ANSWER Researching school districts and crime
statistics for various neighborhoods.



Negotiating, selling, or offering to sell real estate all require a license if done for others and for
compensation. Research using public information doesn't require a real estate license.



Lance purchased a home in Massachusetts, but he won't own any real estate - just shares in a
corporation. This is because his new home is _______. - ANSWER A cooperative.



Co-op doesn't involve owning real estate, but rather owning a proprietary lease and shares in the
corporation that owns the cooperative.



Randolph, a seller, has an open listing agreement with you. Randolph locates a buyer himself. Who is
owed a commission? - ANSWER No one.



The open listing agreement provides very little protection for the agent's commission, as commission is
owed only to the agent who secures the buyer, and the seller reserves the right to secure the buyer and
avoid paying commission altogether.



Tammy received her license renewal notice from the Massachusetts board. When will the renewal
deadline occur? - ANSWER On her birthday.



All license renewal deadlines fall on the licensee's birthday.

, Which provision of the Massachusetts lease agreement identifies the start and end dates of the
contract? - ANSWER Term.



The Term provision contains the beginning and end dates of tenancy.



Which agency implements and enforces Massachusetts fair housing laws? - ANSWER The Massachusetts
Commission Against Discrimination.



MCAD investigates, implements, and enforces fair housing in Massachusetts.



Emma, a Massachusetts licensed salesperson, wants to place an advertisement in Brookline's local real
estate magazine. What must she be sure to include? - ANSWER Her broker's complete information.



Massachusetts salespeople are prohibited from advertising independently, so her broker's information
must be included in all advertisements.



Gina is selecting properties to show to her buyer clients. They've specified a price range of up to
$325,000. Which of the following statements is true based on Massachusetts fair housing laws?



A. Gina can choose to show her clients only properties in neighborhoods she deems safe for families.

B. Gina can tell her clients that no properties in their price range are available in a neighborhood if she
thinks they won't fit in.

C. Gina isn't allowed to show the clients any properties over the stated price range.

D. Gina must give her clients the option of seeing any available property that meets their criteria and
price range. - ANSWER D. Gina must give her clients the option of seeing any available property that
meets their criteria and price range.



Gina can't screen properties based on attributes she selects; she must present information about
available properties in her clients' price range, regardless of her personal feelings about the location or
other property attributes.



Which of the following circumstances would keep a landlord or seller in Massachusetts from using any
fair housing exemptions?

, A. A real estate licensee is involved in the transaction.

B. The buyer or tenant has been convicted of a felony.

C. The housing is designated for senior use.

D. The landlord or seller has been guilty of previous fair housing violations. - ANSWER A. A real estate
licensee is involved in the transaction.



Massachusetts recognizes no fair housing exemptions if a real estate licensee is involved in the
transaction.



Massachusetts licensees must complete their CE requirements for license renewal from a curriculum
approved by _____. - ANSWER The Board of Registration of Real Estate Brokers and Salespersons.



The Board of Registration of Real Estate Brokers and Salespersons approves curricula for CE
Requirements.



In Massachusetts, what special fair housing exemptions does an elderly or infirm owner of a duplex
have? - ANSWER May choose to rent only to someone with no children.



An owner-occupant of a property with three dwelling units or fewer who is elderly or infirm, and for
whom the presence of children could be a hardship, may refuse to rent to families with children.



Allocating the market or customers based on geographic region, price point, or other factors is a
violation of antitrust laws. Market allocation keeps business activities to specific geographic territories or
types of customers.



Jane hires a telemarketing firm in Amherst to send out advertisements to all cellphones in her 781 area
code. Which of the following statements is true?



A. She is in compliance if her broker supervises.

B. She is in compliance with the law.

C. She is not compliance unless she receives written approval from the commission.

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